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the social network for payments

the social network for payments

Vision: elopay is the easiest way to send money to anyone instantly

We're an independent social network for payments where users can make quick and secure payments to friends and family all over the world, and pay on-/offline merchants.

Where are we currently?
We launched in Dec. '14 with an iOS version and a web app focussing on peer to peer payments. We get overwhelming feedback. Our next goals are to grow the user base and develop an Android app.

What's the revenue model?
1. Remittance: We'll start with our strong network in Germany and Turkey. Alone in Germany there are 1.5M Turkish people regularly sending money home.
2. Payment API: We already receive requests for opening up our platform to accept payments there. We can do this within the next 3-6 months.
3. Loyalty & marketing: We'll offer a loyalty, marketing, and payment solution for restaurants and merchants. We're in talks with 350+ merchants to accept mobile payments and could launch with 10-20 restaurants immediately.

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